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End of Day Market Update

Jun 20, 2018

US Markets End of Day Snapshot

US stocks finished mostly higher today as investor concerns regarding the course of Sino-American trade tensions begins to subside. The S&P 500 rose 0.17%, the Nasdaq Composite gained 0.72%, the Russell 2000 closed 0.80% higher, while the Dow Jones Industrial down 0.17%. The S&P 500 has led higher by returns in real estate (+1.10%), consumer discretionary (+0.48%), and energy stocks (+0.43%), while telecommunications (-0.95%), materials (-0.39%), and financials stocks (-0.31%) were the most significant laggards. The VIX closed 56 basis points lower to 12.79. Yield on the US 10-year rose 3.8 basis points to 2.935%. The most actively traded options today were EEM December 21 ATM and OTM Puts, SPY July 2 OTM and ATM Calls, and KR June 22 OTM Puts.

*Data in Price Return, Source: Stockdio

S&P 500 Sector ETFs - End of Day

*Data in Price Return, Source: Stockdio

Russell 1000 Factor ETFs - End of Day

*Data in Price Return, Source: Stockdio

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

Micron Technology (MU) reported 3Q2018 EPS that was relatively in-line ($3.15 vs $3.14 projected). Shares of Micron are up 0.22% to $59.08 post-market

HP Inc (HPQ) is up 3.22% to $24.05 after the close, following the company’s announcement of a $4 billion share repurchase, in addition to the $1.2 billion the company had previously been authorized to repurchase

Starbucks (SBUX) shares finished down 9.08% in today’s trading after early reports this morning that the company would be closing up to 150 locations in FY2019 was followed by a downgrade by Moody’s on the company’s negative outlook

Walmart Inc (WMT) has announced that it will be issuing $16 billion worth of debt to finance its acquisitions of Indian ecommerce firm Flipkart

Walt Disney Co (DIS) may reportedly soon receive US antitrust approval for its $71 billion acquisition bid for Twenty-First Century Fox (FOXA)